Fed Policy is Probably Helping You, Too
I posted this on my blog, because I can link that to my Twitter account:
"There is so much complaining about Fed policy and how it is “financial repression” a PIMCO (TM), and how it is a “war on savers.” Pish-posh. Not only is Fed policy not the problem, but rather a symptom, it also is likely to produce several long-term positive impacts as well.
I should admit, I sent about six tweets to PIMCO the last time it talked about this, last week. I did the same to Doug Kass, and he blocked me last week. So, to help prevent myself from trollishly responding to people on Twitter, I’m writing a blog post instead....
The rest is in this link.